TransUnion

Housing Market off to Rocky Start, Although First Time Homebuying Showing Positive Signs

  Today’s News Synopsis: The housing market overall is off to a rocky start this year despite positive forecasts with decreases in construction, consumer confidence, and mortgage applications.  Despite this, there is an upside in first-time homebuyers who are continually visiting Redfin’s site to check out new properties.  The rate for mortgage delinquencies decreased in …

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The Norris Group Real Estate News Roundup 3/5/14

Today’s News Synopsis: According to the latest mortgage applications survey by the Mortgage Bankers Association, mortgage applications increased 9.4% from last week.  At the same time, foreclosures decreased on average 50% in 31 of the 42 markets covered in the DataQuick Property Intelligence Report.  In a case of taking something negative and making it positive, …

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The Norris Group Real Estate News Roundup 2/12/14

Today’s News Synopsis: The latest report from the Mortgage Bankers Association showed mortgage applications decreased by 2% from last week.  The San Francisco Association of Realtors reported their city remains the most expensive place in the country to buy housing.  Zillow predicted housing demand to decrease over the next few years. In The News: Mortgage …

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The Norris Group Real Estate News Roundup 12/12/13

Today’s News Synopsis: Foreclosure activity decreased by 15% last month and 37% year-over-year according to the latest RealtyTrac report.  The purchase of new homes decreased 18% last month despite the average loan continuing to show signs of increase.  Mortgage rates also decreased after 11 weeks, with 30-year rates now at 4.42% and 15-year rates at …

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The Norris Group Real Estate News Roundup 5/14/13

Today’s News Synopsis: New home sales are beginning to increase once again as foreclosure and short sale inventory begins to decline.  The NAHB reported housing affordability was at its highest on record in the first quarter at 73.7%.  TransUnion reported the national mortgage delinquency rate was 4.56%, which is much higher due to longer cures …

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The Norris Group Real Estate News Roundup 5/8/13

Today’s News Synopsis: The Mortgage Bankers Association reported a 7% increase in mortgage applications from last week.  Freddie Mac reported their net income for the latest quarter was their second largest, and they will now pay $7 billion to the Treasury Department.  According to TransUnion, delinquency rates showed their biggest improvement since 1992. In The …

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The Norris Group Real Estate News Roundup 2/12/13

Today’s News Synopsis: Goldman Sachs reported that despite activity in the housing market showing tremendous signs of growth last year, employment was not as fortunate as jobs were at levels close to what they were after the housing bubble burst.  According to TransUnion, mortgage delinquency rates decreased for the fourth quarter in a row by …

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The Norris Group Real Estate News Roundup 12/14/12

Sources: See stories below Today’s News Synopsis: Aaron Norris of The Norris Group presents the real estate news of the week. If you want to read the full stories, check out the news stories featured below.  Some highlights of the week include a case reopened against Wells Fargo, the Federal Reserve’s increased balance sheet, Bruce …

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